US stocks break above the previous high! $BTC —what happens next? Keep an eye on this level!
In yesterday’s video, I mentioned that if Bitcoin breaks above 6.42, there’s a chance to open up upside space. Now the price has already reached a key area. Above it is 6.5; after a breakout, the next target is the previous high at 6.67. If it can’t break through, it will likely come back to find support.
A more cautious approach is to enter at support or resistance. The current support below is 6.3; a bit stronger is 6.2, which has been tested twice. If the price can return there, it’s a good place to enter. The upside resistance is 6.5. Here you can try taking a portion during a pullback. But if BTC holds steadily above 6.55, don’t go hard short.
Then watch $ETH . If BTC breaks out, there’s a possibility of a catch-up move. However, resistance above 1900 is also very close— the first line is around 1920.
My plan is: if ETH rebounds to 1920 but can’t push through, you could consider shorting one lot, with a stop-loss placed above 1950. On the downside, first watch 1880, and then 1840–1850.
For a long position, don’t chase here—wait instead for 1820–1850. Once it comes into that zone, if price can reclaim 1850 again, then consider going long. Upside targets are 1900 and 1920.
In yesterday’s video, I mentioned that if Bitcoin breaks above 6.42, there’s a chance to open up upside space. Now the price has already reached a key area. Above it is 6.5; after a breakout, the next target is the previous high at 6.67. If it can’t break through, it will likely come back to find support.
A more cautious approach is to enter at support or resistance. The current support below is 6.3; a bit stronger is 6.2, which has been tested twice. If the price can return there, it’s a good place to enter. The upside resistance is 6.5. Here you can try taking a portion during a pullback. But if BTC holds steadily above 6.55, don’t go hard short.
Then watch $ETH . If BTC breaks out, there’s a possibility of a catch-up move. However, resistance above 1900 is also very close— the first line is around 1920.
My plan is: if ETH rebounds to 1920 but can’t push through, you could consider shorting one lot, with a stop-loss placed above 1950. On the downside, first watch 1880, and then 1840–1850.
For a long position, don’t chase here—wait instead for 1820–1850. Once it comes into that zone, if price can reclaim 1850 again, then consider going long. Upside targets are 1900 and 1920.